The problem isn't really the banks, it's our current monetary system which gives tremendous power to the banks. We created this mess ourselves. First we create

The problem isn't really the banks, it's our current monetary system which gives tremendous power to the banks. We created this mess ourselves. First we create a monetary system in which private banks are instrumental in both distributing and creating new currency, making it possible for them to reap huge gains and grow abnormally large. Then we get angry at the banks when they use this power for financial gain. How about not giving them this power in the first place? I'm reading a very interesting book on monetary systems called "Paper Money Collapse" by a German named Detlev Schlichter who worked in the financial sector for 20 years. We're used to the system working this way, but a thorough explanation of the system - like the one in this book - really shows what a strange and cumbersome system it is we've created. It's as if on the area of the production of goods and services we've come to the conclusion that it's best to let private companies produce these, as the state is simply too inefficient to accomplish anything the market is able to. But in the area of money production we still advocate a state monopoly.